Tech Data Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended October 30, 2018; Provides Earnings Guidance for the Fourth Quarter Ending January 31, 2019
For the nine months, the company reported net sales of $26,774,449,000 against $23,564,444,000 a year ago. Operating income was $327,749,000 against $258,176,000 a year ago. Income before income taxes was $240,590,000 against $174,345,000 a year ago. Net income was $223,781,000 against $115,381,000 a year ago. Earnings per basic share were $5.83 against $3.05 a year ago. Earnings per diluted share were $5.80 against $3.03 a year ago.
For the quarter ending January 31, 2019, the Company anticipates Worldwide net sales to be in the range of $10.5 billion to $10.9 billion. EPS to be in the range of $3.00 to $3.30.